American Academy Of Equine Art
EIN: 520048344 · Lexington, KY · NTEE: A26Z
| Metric | Value |
|---|---|
| Total Expenses | $32K |
| Net Assets | $101K |
Is American Academy Of Equine Art Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About American Academy Of Equine Art
American Academy Of Equine Art (EIN: 520048344) is a nonprofit organization based in Lexington, KY, classified under NTEE code A26Z. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Academy Of Equine Art's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Academy Of Equine Art is a micro nonprofit that has been operating for 28 years, with 7 years of IRS 990 filings on record (2010–2016). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $32K |
| Surplus / Deficit | +$6K |
| Total Assets | $108K |
| Total Liabilities | $7K |
| Net Assets | $101K |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 40.5 months |
Financial Health Grade: A
In 2016, American Academy Of Equine Art reported a surplus of $6K with revenue exceeding expenses, holds 40.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 7 years of filings (2010–2016), American Academy Of Equine Art's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +40.2% | +43.2% | -5.9% |
| 2015 | -41.0% | -49.6% | +4.2% |
| 2014 | -29.0% | -20.9% | -1.5% |
| 2013 | +7.8% | -6.6% | +3.1% |
| 2012 | +52.5% | +31.4% | -40.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American Academy Of Equine Art has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Academy Of Equine Art with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.9%.
Frequently Asked Questions about American Academy Of Equine Art
Is American Academy Of Equine Art a legitimate charity?
American Academy Of Equine Art (EIN: 520048344) is a registered tax-exempt nonprofit based in Kentucky. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does American Academy Of Equine Art spend its money?
American Academy Of Equine Art reported its financials in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to American Academy Of Equine Art tax-deductible?
American Academy Of Equine Art is registered as a tax-exempt nonprofit (EIN: 520048344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Academy Of Equine Art located?
American Academy Of Equine Art is headquartered in Lexington, Kentucky and files with the IRS under EIN 520048344. It is classified under NTEE code A26Z.
How many years of IRS 990 filings does American Academy Of Equine Art have?
American Academy Of Equine Art has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for American Academy Of Equine Art showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2016), American Academy Of Equine Art's revenue has declined by 20.1%, moving from $47K to $38K. Total assets decreased by 39.7% over the same period, from $179K to $108K. Total functional expenses fell by 39.1%, from $53K to $32K. In its most recent filing year (2016), American Academy Of Equine Art reported a surplus of $6K, with revenue exceeding expenses. The organization holds $7K in liabilities against $108K in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $101K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $38K | $32K | $108K | $7K | — | — |
| 2015 | $27K | $22K | $115K | $17K | — | View 990 |
| 2014 | $46K | $44K | $110K | $18K | — | View 990 |
| 2013 | $64K | $56K | $112K | $21K | — | View 990 |
| 2012 | $60K | $60K | $108K | $26K | — | View 990 |
| 2011 | $39K | $46K | $181K | $61K | — | View 990 |
| 2010 | $47K | $53K | $179K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $38K, expenses of $32K, and assets of $108K (revenue +40.2% year-over-year).
- 2015: Revenue of $27K, expenses of $22K, and assets of $115K (revenue -41.0% year-over-year).
- 2014: Revenue of $46K, expenses of $44K, and assets of $110K (revenue -29.0% year-over-year).
- 2013: Revenue of $64K, expenses of $56K, and assets of $112K (revenue +7.8% year-over-year).
- 2012: Revenue of $60K, expenses of $60K, and assets of $108K (revenue +52.5% year-over-year).
- 2011: Revenue of $39K, expenses of $46K, and assets of $181K (revenue -17.2% year-over-year).
- 2010: Revenue of $47K, expenses of $53K, and assets of $179K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Academy Of Equine Art:
Data Sources and Methodology
This transparency report for American Academy Of Equine Art is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.